Workflow
华锦股份(000059) - 2020 Q3 - 季度财报

Financial Performance - Operating revenue for the period was ¥7,149,302,193.49, representing a decline of 27.26% from ¥9,828,191,744.50 in the same period last year[8]. - Net profit attributable to shareholders was ¥502,150,497.72, an increase of 56.57% compared to ¥320,715,056.56 in the previous year[8]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥492,874,551.47, up 32.01% from ¥373,348,279.05 in the same period last year[8]. - Basic earnings per share were ¥0.3140, reflecting an increase of 48.25% from ¥0.2118 in the same period last year[8]. - Operating profit for the current period is ¥524,311,436.38, up 19.7% from ¥437,740,369.87 in the previous period[46]. - Net profit for the current period is ¥511,409,477.05, an increase of 50.9% from ¥338,829,139.25 in the previous period[46]. - The company reported a total comprehensive income of -¥177,647,268.14 for the current period, compared to ¥976,409,766.76 in the previous period[60]. - The total profit for the current period is -158,630,640.15, compared to a profit of 556,915,687.12 in the previous period, indicating a significant decline[65]. Cash Flow - The net cash flow from operating activities was ¥37,841,552.60, a significant decrease of 97.82% compared to ¥1,733,173,451.32 in the previous year[8]. - The net cash flow from operating activities is -971,972,183.03, down from 1,059,257,056.34 in the previous period, reflecting a negative trend in cash generation[70]. - The total cash inflow from operating activities is 23,687,751,777.25, down from 32,730,414,123.05 in the previous period, indicating a decline in operational performance[70]. - The total cash outflow from operating activities is 24,659,723,960.28, compared to 31,671,157,066.71 in the previous period, showing a reduction in cash expenditures[70]. - The total cash inflow from financing activities is 9,542,734,200.00, compared to 3,870,000,000.00 in the previous period, showing an increase in financing efforts[73]. - The net cash flow from financing activities is -503,557,794.08, an improvement from -3,952,442,504.96 in the previous period, indicating better management of financing costs[73]. Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥29,078,181,422.56, a decrease of 0.96% compared to the adjusted total assets of ¥29,359,202,252.30 at the end of the previous year[8]. - Total liabilities increased to CNY 15,439,605,579.77 from CNY 15,213,067,305.30, representing a growth of approximately 1.49% year-over-year[32]. - Current liabilities decreased to CNY 5,776,876,386.85 from CNY 9,045,730,710.94, a reduction of about 36.5%[32]. - Non-current liabilities rose significantly to CNY 9,662,729,192.92 from CNY 6,167,336,594.36, marking an increase of approximately 56.5%[32]. - The cash and cash equivalents decreased to ¥5,642,184,824.18 from ¥7,115,742,150.06, indicating a liquidity contraction[26]. - Accounts receivable increased by 63.40% to ¥218,331,639.90, driven by normal business operations[17]. - Prepayments surged by 115.46% to ¥3,771,553,837.23, reflecting increased normal business activities[17]. - Short-term borrowings decreased by 64.98% to ¥2,350,000,000.00 as a result of optimizing the borrowing structure[17]. - Long-term borrowings increased to ¥6,783,049,773.25 from ¥3,257,527,188.78, an increase of approximately 108%[32]. Expenses - Total operating costs for the current period are ¥6,619,217,424.59, down 29.5% from ¥9,367,710,943.30 in the previous period[43]. - Research and development expenses for the current period are ¥36,548,706.43, an increase of 23.9% from ¥29,484,748.02 in the previous period[43]. - Tax expenses for the current period are ¥26,108,725.62, a decrease of 76.0% from ¥109,007,283.46 in the previous period[46]. - Financial expenses for the current period are ¥99,213,717.10, down 41.8% from ¥170,413,196.05 in the previous period[43]. - The company reported a significant reduction in interest expenses, which were ¥121,543,330.12 for the current period compared to ¥184,524,281.29 in the previous period[43]. Shareholder Information - The company reported a total of 61,877 common shareholders at the end of the reporting period[13]. - The largest shareholder, North China Huajin Chemical Group Co., Ltd., held 27.16% of the shares, totaling 434,445,409 shares[13]. Government Subsidies and Taxation - The company received government subsidies amounting to ¥2,410,238.71 during the reporting period[8]. - Tax and additional fees decreased by 57.38% to ¥610,513,121.35 due to the impact of the pandemic[16]. - Other income fell by 83.43% to ¥2,360,238.71, attributed to three government subsidies received in the previous period[16].